Toyota to cut vehicle production by 40% in September

Toyota has revealed that it plans to cut its global vehicle production by 40% in September because of the impact of COVID-triggered semiconductor shortages.

Reuters reported today (August 19) that next month’s cuts involved 15 factories and would result in a shortfall of 360,000 vehicles over its original plan.

News of the measure comes after AM became aware of at least one car maker who had begun importing “incomplete” cars to the UK in a bid to mitigate against new car supply shortages.